The Forex Broker FXD24 is on the forex market since 2003. This broker is good for beginners as well as for experienced forex traders. The extremely low minimum deposit shows us that this broker turns to private investors as well. But these should pay attention to open a free demo account first in order to get used to the platform and the forex trading itself. On a demo account you trade with virtual money and don't risk your salary you will have worked hard for. The FXD24 demo account provides the same options as the real forex account. You can open and close positions and test your strategies riskless as if you were trading with real money. In order to open an FXD24 Demo account you just have to download a small software script and run the .exe file. Choose "open account" and fill in the questionnaire. You must accept that FXD24 is allowed to send you emails in order to install the script. Choose your desired amount of virtual money and your leverage and start trading. If you encounter any problems during the software installation there is a professional support team that helps you.
As soon as you have gathered enough experience and tested your strategies on your demo account it is time to go live. Choose a leverage from 1:20 to 1:400 (depending on your deposit amount) and trade 20 - 400 times your deposit. Compared to other forex brokers that offer a fixed leverage this flexible leverage is a special feature of FXD24. The broker offers trading with not less than 24 currency pairs, amongst which copious minors. Like most of the other forex brokers FXD24 offer everything on their platform that you need in order to be a successful trader: charts, analysis tools, forex news and calculator. The spread is from 2 pips on and, as with most of the other forex brokers, you won't have to pay any other additional costs. Your account can be kept in USD, EUR or CHF.
For professional trades that want to trade a large volume of money FXD24 has an institutional account on offer. The minimum deposit with this account is 150.000 USD. Advantage of this account: Spread is from 0 pips possible and you can trade up to 35 valuta pairs. For experienced forex traders this option might be a reason to change their broker.
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| Regulation | - |
| Min. deposit | 10 $ |
| max. Leverage | 1:400 |
| Margin | 0,25% |
| Spread EUR/USD | 2 pips |
| Commodities | keine |
| Currency Pairs | 28 |
| min. Lot | 1.000 |
| Webtrader | ja |
| Software | ja, eigene |
| Demo account | ja, unbegrenzt |